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What is a Target Market and How to Pick One (Examples and Template Included)

Small Biz Trends

When marketing a business, the key to success lies in the ability to target the right group or groups of people accurately. Knowing your target market is essential for any company that wants to create an effective, compelling marketing message that resonates and results in sales. What is Target Marketing?

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Guest Post from Flame Analytics: The Rise of Pop-Up Shops: Benefits and How to Start One

Retail Adventures

Photo: Flame Analytics In today's ever-evolving retail landscape, one trend that has been gaining momentum is the rise of pop-up shops. Let's delve into what pop-up shops are, why they are beneficial, and how indie businesses can leverage them to their advantage. What is a Pop-Up Shop?

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Fine jewellery in your 50s: Meet the matriarch proving age is just a number

Inside Retail

The family-run business opened its first shop in the Royal Arcade in the Sydney suburb of Double Bay in October 1989 and currently has three locations after opening and closing stores locally and overseas. It fosters a sense of community and strengthens the brand presence in targeted markets”.

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How to Start an Ice Cream Shop in 2022

Small Biz Trends

If you’re thinking about starting a new ice cream shop, now is a great time to do it! Owning a small business like an ice cream shop is a great way to increase your income and get ahead in the industry. Why You Should Consider Starting an Ice Cream Shop. You don’t need a lot of money to start a shop.

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How to Build a Better Retail Assortment Strategy

Wiser

Moreover, an effective assortment strategy allows retailers to stand out in the fiercely competitive retail landscape, providing a unique and memorable shopping experience. 1: Identify Your Target Market To build an effective retail assortment strategy, you first need to identify who your target market is.

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Smarter data: Reach high-propensity shoppers and deliver optimal digital impact

Inside Retail

It’s time to target people, not browsers. So how do you know how, when and where Aussies are shopping and reach the right consumer for optimal digital impact in a sea of brand switching? Using a high-propensity audience is a very effective way to promote your products or services through digital channels.

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Making the Most of Store Visits Post-Pandemic

Retail TouchPoints

The pandemic challenged any retailer that “over-expanded” its physical footprint in previous years to right the ship and ensure its remaining stores were properly tailored to the target market. consumers have changed stores, brands or the way they shop. For example, McKinsey found that 73% of U.S.